The Dolan family is back in the newspaper business.

Less than a year after his family sold Newsday to telecoms giant Altice USA, cable TV scion Patrick Dolan is buying a huge stake in the storied Long Island-based newspaper.

Word broke this morning via Newsday that Dolan, the president of News 12 Networks and son of HBO founder Charles Dolan, was purchasing a 75 percent stake in Newsday Media, the parent company of Newsday, amNewYork and the Hometown Shopper papers.

His father will maintain "a small financial interest" in the company, per Newsday:

My father and I, together with our Altice partners, are deeply committed to preserving the state-of-the-art journalism that Newsday has consistently provided and that has served Long Islanders so well,ā€ Patrick Dolan said.

Newsday didn't disclose the terms of the deal.

Cablevision Systems Corp., the television company founded by the Dolan patriarch, was sold in 2015 to Altice for $17.7 billion. The deal, which closed two weeks ago, included Newsday and its associated properties. Altice has now sold the majority of the company back to the Dolan family but will retain a quarter of the equity.

Before the Dolans owned Newsday, it was a Tribune Company paper. Tribune parted with Newsday for $650 million in 2008.